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AED to MORE price chart
AED to More Coin exchange rate
About Saudi Arabian Riyal (AED)
What Is the United Arab Emirates Dirham (AED)?
The UAE dirham (AED) is the official currency of the United Arab Emirates. Issued by the Central Bank of the UAE, it is subdivided into 100 fils and has been pegged to the US dollar at roughly 3.6725 AED per USD since 1997. This fixed exchange-rate policy provides strong exchange-rate stability. The UAE's economy is heavily based on oil and gas exports, and as one of the Gulf's major financial hubs, the dirham is widely used in international trade and finance in the region. These factors make the AED a reliable medium of exchange for both domestic commerce and cross-border transactions in the Middle East.
Why Is the UAE Dirham Considered a Stable Currency?
The AED's stability stems largely from its USD peg and the UAE's strong economic fundamentals. The fixed peg to the dollar and prudent monetary policies by the Central Bank help keep inflation low and exchange rates steady. The UAE's large foreign reserves and diversified economy (beyond oil) further bolster confidence. As a result, the dirham is one of the most stable currencies globally, benefiting from the country's fiscal prudence and investor trust. In practice, the peg ensures that the AED experiences very little fluctuation, which underpins financial stability and investor confidence in the UAE's markets.
How to convert Saudi Arabian Riyal to More Coin
More Coin price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.1302 |
2 | 0.2604 |
3 | 0.3906 |
5 | 0.651 |
10 | 1.302 |
25 | 3.2551 |
50 | 6.5103 |
100 | 13.02078 |
1,000 | 130.2078 |
Saudi Arabian Riyal | |
|---|---|
1 | 7.68 |
5 | 38.4001 |
10 | 76.8002 |
20 | 153.6005 |
50 | 384.001425 |
100 | 768.00285 |
200 | 1,536.005701 |
500 | 3,840.01425 |
1,000 | 7,680.0285 |
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Saudi Arabian Riyal to More Coin performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 1:19 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 7.6804 MORE | 7.6804 MORE | -- |
| 5 AED | 38.4024 MORE | 38.4024 MORE | -- |
| 10 AED | 76.8049 MORE | 76.8049 MORE | -- |
| 50 AED | 384.02457 MORE | 384.02457 MORE | -- |
| 100 AED | 768.04915 MORE | 768.04915 MORE | -- |
| 1,000 AED | 7,680.4915 MORE | 7,680.4915 MORE | -- |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 1:19 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 7.6804 MORE | 10.8565 MORE | -41.36% |
| 5 AED | 38.4024 MORE | 54.2829 MORE | -41.36% |
| 10 AED | 76.8049 MORE | 108.5658 MORE | -41.36% |
| 50 AED | 384.02457 MORE | 542.8292 MORE | -41.36% |
| 100 AED | 768.04915 MORE | 1,085.6584 MORE | -41.36% |
| 1,000 AED | 7,680.4915 MORE | 10,856.5845 MORE | -41.36% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 1:19 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 7.6804 MORE | 2.7233 MORE | +64.54% |
| 5 AED | 38.4024 MORE | 13.6165 MORE | +64.54% |
| 10 AED | 76.8049 MORE | 27.2331 MORE | +64.54% |
| 50 AED | 384.02457 MORE | 136.1655 MORE | +64.54% |
| 100 AED | 768.04915 MORE | 272.3311 MORE | +64.54% |
| 1,000 AED | 7,680.4915 MORE | 2,723.3115 MORE | +64.54% |